NOT LISTED FOR SALE

Estimated Value: $651,000 - $688,000

1 Bed
1 Bath
735 Sq Ft
$496/mo HOA Fee

Last Sold October 03, 2022

Last sale price $650,000 $884 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,612/month

Highlights

  • 24-Hour Security
  • Spa
  • Clubhouse
  • John Malcom Elementary School Rated A
  • Updated Kitchen
  • Property is near a clubhouse

About This Home

As of October 2022

Shhh! Don't tell anyone that there is affordable real estate in Ritz Pointe! Ocean breezes and sunlight flood this fully renovated beach condo unit in the prestigious gate-guarded community. With just a 1 mile scenic walk down the path to Salt Creek Beach and a panoramic ocean view spa, this is the perfect getaway! Inside, you'll find crisp white paint, six-inch baseboards, cathedral ceilings, and luxury vinyl plank flooring. The fireplace now has a quartz stone facing and hearth. The pony wall was removed to open up the unit. New door casings and a stand-up shower in the bathroom modernize this condo. There are Plantation shutters throughout, along with new vinyl windows. A clean, white kitchen completes the interior with quartz countertops, a subway tile backsplash, & stainless steel appliances. They expanded the already spacious bedroom to allow extra light from the skylight, with a sliding glass door to your private patio and the laundry room. There is a walk-in closet in the bedroom as well. The way this unit is situated along the corridor, it gets breezes from the ocean and ample sunlight that many other units do not. New AC unit! A fabulous clubhouse, workout gym, beautiful pool & spa area with modern resort-style furniture, and two other spa locations are among the amenities. The panoramic ocean view spa area is STUNNING! Watch four different fireworks displays there on the 4th! Stroll through the easement through Monarch Beach Golf Course and multi-million dollar homes to the ocean. The HOA is continuously improving our "little secret."

Last Agent to Sell the Property

Adam Nelson

SimpliHOM License #01308220 Listed on: 09/06/2022

SimpliHOM

Last Buyer's Agent

Debbie Vertucci

Coldwell Banker Realty License #00576072

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Property fronts a private road
  • End Unit
  • Two or More Common Walls

HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Garden Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Parking Space
  • 1 Detached Carport Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Spa
  • Living Room Balcony
  • Deck
  • Patio

Additional Features

  • Property is near a clubhouse
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13434
  • Assessor Parcel Number 93936571
  • $441 per year additional tax assessments

Community Details

Overview

  • 700 Units
  • Monarch Hills Condos Association, Phone Number (949) 833-2600
  • Corniche Master Association, Phone Number (949) 450-0202
  • Keystone HOA
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Gated Community, Gated with Guard, Guarded
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93936571
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 735.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), High Ceilings, Living Room Balcony, Quartz Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 884.35
  • Room Type: Kitchen, Living Room, Walk-In Closet
  • Spa Features: Association
  • Window Features: Garden Window(s)
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Corniche Master
  • Amenities: Pool, Spa/Hot Tub, Hiking Trails, Clubhouse, Maintenance Grounds, Trash, Sewer, Guard, Security, Controlled Access
  • Association Fee: 398.00
  • Association #2 Fee: 98.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Monarch Hills Condos
  • Phone: 949-833-2600
  • Association Phone #2: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Keystone

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 700
  • Number Of Units Total: 700

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 1
  • Tax Tract Number: 13434
  • TaxOtherAnnualAssessmentAmount: 441.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Sep 9, 2022
Sold by
Zalev Adam Craig
Bought by
Roman Gabriela
Seller's Agent
Adam Nelson
SimpliHOM
Buyer's Agent
Debbie Vertucci
Coldwell Banker Realty
List Price
$650,000
Sold Price
$650,000
Views
13
Current Estimated Value
$668,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,719
Avg. Annual Appreciation
0.89%
Original Mortgage
$617,500
Outstanding Balance
$589,377
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$79,342

Purchase Details

Listed on
Apr 19, 2018
Closed on
May 31, 2018
Sold by
Brewer Linda
Bought by
Zalev Adam Craig
Seller's Agent
Katarina Kuczera
First Team Real Estate
Buyer's Agent
Katarina Kuczera
First Team Real Estate
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$297,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 5, 2006
Sold by
Brewer Jeffrey A
Bought by
Brewer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2006
Sold by
Benedetto Anthony J and Benedetto Gretchen V
Bought by
Brewer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1996
Sold by
Monarch Beach Venture Ltd
Bought by
Benedetto Anthony J and Benedetto Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,500
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Roman Gabriela $650,000 Chicago Title
Zalev Adam Craig $425,000 Western Resources Title Co
Zalev Adam Craig -- Western Resources Title Co
Brewer Linda -- Chicago Title Co
Brewer Linda $405,000 Chicago Title Co
Benedetto Anthony J $100,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Gabriela $617,500
Previous Owner Zalev Adam Craig $297,500
Previous Owner Brewer Linda $324,000
Previous Owner Benedetto Anthony J $60,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2022 10/03/22 Sold $650,000 0.0% $884 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $650,000 +52.9% $884 / Sq Ft
07/09/2018 07/09/18 Sold $425,000 -3.2% $578 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $439,000 -2.4% $597 / Sq Ft
04/19/2018 04/19/18 For Sale $450,000 -- $612 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,220 $676,260 $576,043 $100,217
2024 $7,220 $663,000 $564,748 $98,252
2023 $7,017 $650,000 $553,674 $96,326
2022 $4,983 $446,750 $355,555 $91,195
2021 $4,868 $437,991 $348,584 $89,407
2020 $4,853 $433,500 $345,009 $88,491
2019 $4,753 $425,000 $338,244 $86,756
2018 $4,690 $421,000 $308,999 $112,001
2017 $4,056 $361,000 $248,999 $112,001
2016 $3,489 $307,000 $194,999 $112,001
2015 $3,375 $307,000 $194,999 $112,001
2014 $2,955 $265,550 $153,549 $112,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22193366

California Regional Multiple Listing Service (CRMLS)

APN: 939-365-71